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we are going to have to get eight bigger truck. that's what the government is trying to do. borrow the way out of debt. it is impossible . it never worked in the history of the world . dr. art's curve works every single time. >> we are up against the end of the show. we have kelly wright and healther childers. play us out in the new year or satted afternoon with your song all of the gold in california . thank you for watching and here is it larry gatlin. >> never was appropriate. ♪ all the gold in california. ♪ is in a bank in the middle of beverly hills in somebody else's name. >> a fox news alert. senate leaders now holding crucial fiscal cliff talks on capitol hill rushing to come up with a last ditch agreement to avoid deep spending cuts and year end tax hikes affecting the lives of every american, i'm kelly wright. >> i'm heather childers in for jamie colby. the 11th he hour scramble after a crucial meeting on friday, between president obama and the leaders of the house and senate and urged lawmakers to urge them to do whatever it takes to cut a deal. >> i'm modestly opti
, the government dealing with the serious questions, not the immediately pressing questions? >> how do we deal with it? $16 trillion debt, projected to go up to $20 trillion over the next 2 years, if you are washington can't deal with that. how do you solve that? can it be solved? what do we face if we get past the fiscal cliff in the next two days? have you that $16 trillion staring us in the face? >> eric, let's look for a silver lining in this fiscal cliff discussion. i think what we are hearing from the american public, loud and clear is that they don't want to pay any more taxes. they don't want to pay for the government they are getting that. leaves two choices. number 1, we continue to borrow money or reduce spending. we won't have the option to borrow forever. so we have to reduce spending. if the american people will get as fired up about reducing spending, we might have a chance to fix that. clearly, that message hasn't gotten through to the white house and to the senate. it is heard loud and clear in the house, but we control just the house. >> eric: how do you get that message acro
. you know just despite the court is saying the government has not backed down and was within the last few hours and saying the law will be tree ree drafted to con forp with the court's ruling. nevertheless, there is spill widespread support for this tax. they are planning to speak in belgium and wealthy entrepreneurs have moved to countries in the region that have lower taxes. today's decision could delay those departures for the time being. >> gregg: katherine, live in paris, thanks very much. >> the president may want to check out the laffer curve before he rewrites that law. when people flee or stop working that is the laffer curve. >> arthel: your french reporter was there, how about this, you got plans for new year's eve. >> gregg: that is impressive. >> it starts at 11:00 p.m. eastern and megyn kelly and bill hemmer will bring you the event live in times square and new york city. you can be a part of the broadcast by texting your happy new year's messages to the show. here how you do it. you type the the u text, got it. type a space and ascend brief message. utext space and your
the deficit, not new government spending. shannon? >> how confident are the "cook's essentialsal" democrats about the ability to get this done? >> reporter: congressional democrats do not sound over confident. they recognize this is a heavy lift between the top two senators in the next couple of hours. but a leading new york democrat sounded cautiously optimistic. >> there is certainly no breakthroughs yet between senator mcconnell and senator reid. but there is a real possibility of a deal. i have been a legislator for 37 years. and i have watched how these things work. they almost always happen at the last minute. >> reporter: we are getting down to the left minute. the threshold for extending the bush tax cuts. president obama campaigned campn capping it at $250,000, raising taxes on those who earn more than $250k, but some of the discussion and it is buzz around capitol hill has been about perhaps going to the $400,000 mark. the question is, will you get enough republicans to buy in if that is the deal? shannon? >> thanks to mike on capitol hill. we will continue to check in. now to ed
down the deficit? if you are going to use it for more government spending we don't want a part of it. senator mcconnell on the republican side seemed to get frustrated because he felt like the democrats were slow walking the th, 18 hours without a response. mcconnell made a call to a well known senator, joe biden to see if he could help. >> we're willing to work with whoever can help. no single issue remains an impossible sticking point. a sticking point appears to be a willingness and interest or frankly the courage to close the deal. >> reporter: as senate aide says it was designed to try to jumpstart the talks and consequences of getting a tax increase is a huge concern. >> gregg: what went awry in these talks? >> you heard senator thune. a fiscal cliff deal is a new way calculating inflation that would lower social security payments. democrats say they would do it as part of much bigger deal but it was off the table for the smaller deal they are working on. so democrats called it a poison pill. >> at some point, negotiating process, it appears there are things that stopped us fro
rather than households. so it looked as though the governed had been lobbying how it put the bills together, rushed it through parliament and put it before the constitutional court. is so it made everything look too fast and shabby. kelly. >> kelly: katherine, based on that, does that mean -- will that mean that he can actually resubmit a new law and if so, does this -- today's decision only equal a decision that is a temporary setback? >> indeed. it is a temporary setback. within the last few hours, the government officials have been saying that the law will be redrafted to conform with the court ruling. it will be resubmit to do lawmakers and the chances are that it will be passed again. there has been a lot of uproar at this tax in france, a lot of wealthy entrepreneurs moved abroad to other countries in the region. today's court decision could see them delaying departures for the time being. they may well still have their suitcases ready in the corner. >> kelly: to your point, i wanted to ask but that because for the wealthy people living in france, those making more than $1.2
. in january the supreme court ruled that before the government places a gps tracking device on your vehicle it has to get a search warrant. four months later it said that children conceived through in-vitro are not automatically entitled to benefits after the death of a parents. what the court could look like from here. doug burns a former federal prosecutor and criminal defense attorney. and john manweli, a former criminal defense attorney. waoepl mawaoepl may not influence that the high court cases influence people practicing law day-to-day. doug -rpbgs tel tell me your thoughts on the healthcare. >> a lot of the people ran out of building saying it's been struck down. it was struck down on commerce clause grounds and the necessary and proper clause grounds. jaime: it had to be. >> there it was on page 10 that it was being upheld as a tax which i agree w. the long and short of it was it's the same analysis that we rendered all yearlong. it's 2700 pages long, i'm not sure anybody understan understands. i asked a friend of mine who is a physician can you tell me what is in the health code.
Search Results 0 to 6 of about 7